Emerging economies to drive rising coal demand

Emerging economies to drive rising coal demand

Date: May 30, 2019

BY TONY FEATHERSTONE

Much life is left in fossil fuels despite first-world move towards renewable energy sources.

If Australia’s coal industry is living on borrowed time, then nobody has told ASX-listed coal stocks. Several have had large share price gains in the past 12 months, despite persistent gloom about coal’s future and a subdued local share market.

Australian Resources and Investments (AR&I) analysis shows that 10 coal stocks have rallied more than 50 per cent over one year to March 2019. TerraCom (formerly Guildford Coal) tops the table with a total return of 210 per cent over 12 months.

In the latest version of selling coals to Newcastle, selling gas to Australia could become the latest Asia-Pacific gas market opportunity. To the surprise and outrage of the Australian public and the media,…

Historically, mining is one of the most hazardous industrial sectors. Although the industry has achieved significant success in reducing the number of accidents and limiting their consequences, it remains a risky business. According to NSW…